The news has been announced as part of an IDA event in Berlin this week which is showcasing Ireland as a location of choice for high growth companies.

“A key part of the Government’s plan for jobs and growth is ensuring that we deepen and develop the impact of multinational investment here," Minister Bruton said.

"We have a base of multinational companies here that is the envy of the world, but if we are to create the numbers of jobs we need we must build on this and attract a new cohort of companies which we haven’t reached before.

"These are companies that might be relatively small now, but have the potential to grow exponentially and create large numbers of jobs here."